NEW YORK -- The stock market ended its best week in a year with another gain yesterday as investors placed their last bets before the start of second-quarter earnings reports.
The Dow Jones industrial average rose 59 points, or 0.6 percent, to close at 10,198.03. That gave the Dow its biggest weekly advance in a year, 5.3 percent. Broader indexes posted bigger gains. Trading volume was light, signaling that many investors were staying out of the market. But those who were trading appeared optimistic about the company reports expected next week.
Traders often avoid making big bets just before earnings releases because the reports provide a good picture of how companies are performing.
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